The initial public offering of Salasar Techno Engineering Limited is expected to get listed on both of the Exchange i.e. Bombay Stock Exchange and National Stock Exchange. A potential investors can fetch relevant information as Price Band and Dates of the IPO, Company Profile, Allotment Status, Listing Dates etc.

Salasar Techno Engineering has drafted a Red Herring Prospectus and got approval for the same from the Regulatory firm Securities Board of India. The IPO is scheduled for July 12, 2017 with a price band of Rs.108. The lot size of applying the IPO is for 125 shares. One can apply via ASBA to avail the benefit of listing this IPO.

Public issue of the firm is mentioned near 3,321,000 equity shares by the bank aggregating. The company plans to raise Rs.35,86,68,000 through its IPO.

The firm also undertakes civil foundation work, erection of towers both telecom & transmission at site including painting. It has also undertaken EPC Turnkey projects for solar mounting structures for its clients.

The firm has already delivered around 10,000 towers of various designs of Angular, Tubular and Hybrid Ground Based Towers (GBT) and Roof Top Towers (RTT) since inception, and provided its towers to all the leading Cellular operators & Telecom infrastructure companies like Airtel, Bharti Infratel, Indus Towers, Reliance Infratel, Reliance Jio, Viom Networks, ATC, Tower Vision and GTL with a robust presence in India and International locations of Africa, Asia and Australia.

Outlook of the Firm:-

Successful business Agreement with Ramboll

Consistency and stability in financial performance;

Optimum Galvanizing Capacity;

Customer Centric Approach;

Visible growth through a robust order book and excellent pre-qualification credentials;

Strong Operational systems;

Qualified and dedicated management and promoters.

Financials:-

Particulars

For the year/Period ended (Rs. inMillions)

Financial Year

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

31-Mar-12

Total Equity & Liabilities

1,540.29

1,457.10

1,667.45

1,114.96

989.02

Total Assets

1,540.29

1,457.10

1,667.45

1,114.96

989.02

Total Revenue

2,768.14

2,761.20

2,452.23

1,675.12

1,069.75

Total Expenses

2,605.96

2,652.41

2,363.45

1,629.05

1,089.42

Profit After Tax (PAT)

102.00

46.13

54.99

30.47

64.62

Important dates for Salasar Techno Engineering IPO Allotment Status

The allotment date for Salasar Techno Engineering IPO issue is expected to be (to be updated) 2017

The amount will get unblocked on (to be updated) 2017

The shares are expected to credited in DP accounts on (to be updated) 2017

The shares of Salasar Techno Engineeringare likely to be listed on (to be updated) 2017 on both BSE and NSE.